Individual REALTOR® vs. Team Member

 IS JOINING A TEAM RIGHT FOR YOU?

The most common question I get asked when interviewing new to industry REALTORS® is: What's the difference between being on a Team Vs. being an individual REALTOR®? 

The answer is; it really depends on what you're looking for in your career. Both have pros and cons. For this BLOG we're going to be focusing on being on a team and how MaxWell Devonshire Realty supports them. 

JOINING A TEAM; WHAT YOU CAN EXPECT

There's tremendous value in joining a Team in Real Estate. Whether you're new to the industry or have been in it for a while. 

  1. All of your marketing is going to be taken care of for you. 
  2. You're joining an established brand with a proven record of success
  3. LEADS - because of the established marketing materials and processes, you can anticipate getting more leads.
  4. Some Teams provide an abundance of online leads as well.
  5. Assistants; allowing you to focus on providing value to your clients and selling. Let them handle the administrative tasks.
  6. Coaching from your Team Lead or Team Trainer and larger sense of support
  7. Regular Team meetings

However there's also some things to consider when you're joining a Team.

  1. You're building the Team's brand and not your own
  2. You will be paying the Team either a percentage of your commissions or a deal fee whenever you complete a sale
  3. You will still be responsible for your Brokerage/Board/Licensing Body's fees
  4. You will most likely have sales quotas to ensure you are remaining profitable for the Team
  5. You can sometimes have the sense of being an employee vs. being the entrepreneur you set out to be
  6. You will have to follow the Team's processes and ways of doing business

HOW DOES MAXWELL DEVONSHIRE REALTY SUPPORT TEAMS?




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